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Nalezeno "business finance": 252

Meta’s Quest 2 VR Headset Is Cheaper Than Ever


First the price went up, and now, following the release of a newer headset from Meta, the very popular Meta Quest 2 has dropped to a new low of $250, making it a much easier buy for the VR-curious. Read more

Massive Game Microtransaction Company Sounds Super Shady


The live-service video game economy runs on microtransactions, and Xsolla is one of the companies that helps process them. The payment platform works with Epic Games, Unity, Roblox, and others to collect money from players all over the world. Now a new lawsuit alleges that Xsolla has mishandled...

Sony Fails To Kill $7.9 Billion Lawsuit Over PlayStation Store Prices


A lawsuit filed last year accused Sony of using its walled-garden video game platform to charge players too much in the PlayStation Store. The London Tribunal has now allowed that lawsuit to move forward, against the PS5 maker’s objections, which could result in payments to players in the UK of...

This Is What It Looks Like When A Massive Video Game Publisher Messes Up


This is Lars Wingefors, the CEO of Embracer, a Swedish holding company that owns multiple video game publishers, dozens of studios, and employs over 16,500 people. Or at least it used to. Embracer has been laying off hundreds, canceling projects, and closing studios as it reckons with deals that...

Persona 5 Publisher Raises Salaries Amid Industry-Wide Layoffs


Developer-publisher Atlus is reportedly raising the annual salaries of its Japanese staff by 15 percent, a move that is the total opposite of what’s been happening across the U.S. labor market (and the games industry specifically) for months now.Read more

A Terrible Year For Games Media Just Got A Little Better


So many great video game websites have died, it’s nice to finally see some new ones being born. The latest is called Aftermath, a subscriber-funded venture by former Kotaku staffers. Full disclosure: I worked with all of these people for years and they are amazing.Read more

Tears Of The Kingdom Sales Prove Open-World Zelda Is Here To Stay


Link’s latest adventure, The Legend of Zelda: Tears of the Kingdom, has already proven to be a massive success for Nintendo. The company announced in its November 7 earnings report that the open-world adventure game has sold nearly 20 million copies.Read more

Epic Games Admits In Court That Its PC Store Still Isn't Profitable


On Monday, during the first day of the Epic v. Google legal showdown over app store fees, both companies gave their opening statements and began poking at each other’s witnesses. And during the day, Epic admitted that its digital PC game store still isn’t profitable. Read more

Epic Games' Messy Bandcamp Sale Ends With Mass Layoffs


“Music is healing,” the late musician Prince once said. Bandcamp co-founder Ethan Diamond told NPR in 2020 that the point of the independent digital music platform he was building was to bring that power of healing to everyone. Many current Bandcamp employees are going to need it. Epic Games, which...

Sony Raising Price Of All-Digital PS5 By $50


Sony revealed the long-rumored “slim” models for the PlayStation 5, and while they are a lot lighter than the existing consoles, the specs haven’t really changed. What has changed is the price, however. The company announced the new all-digital PS5 will be priced at $450 instead of $400.Read more

One Of Gaming's Most Hated CEOs Says Goodbye, Again


CEO John Riccitiello has retired from game development software company Unity after possibly its worst month of bad headlines ever. The tech company that’s slowly morphed into an in-game advertising firm announced a confusing and seemingly predatory new set of fees for game makers in September...

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